Denver’s KRG Capital Partners said Monday it has completed its sale of Fort Dearborn Co., a Chicago-area seller of decorative labels used by a variety of industries, to private-equity firm Advent International.
KRG, a private equity buyout firm, said the sale closed last Wednesday.
Sales terms were not disclosed. However, Bloomberg reported in June when bidding was under way for Elk Grove, Illinois-based Fort Dearborn that it was expected to fetch around $800 million.
KRG, which had acquired 91-year-old Fort Dearborn in August 2010, had been trying to sell the company since last year.
Read more at the Denver Business Journal: http://bizj.us/1ordbg
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